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Corporate Governance And The Financial Performance Of Deposit-Taking Savings And Credit Co-Operative Societies In Nairobi City County, Kenya

Kithandi, Charles Katua (International Journal of Scientific and Research Publications, October 30, 2022)

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Abstract:	Corporate governance is the backbone of transparency, accountability, integrity and security of shareholders’ interest in an organization. An organization with poor corporate governance structure is likely to fail to achieve its objectives as well as have exposure to financial losses. The purpose of this study is to examine the effect of corporate governance on the financial performance of Deposit-taking Savings and Credit Co-operative Societies in Nairobi City County, Kenya A purposive sampling method integrating qualitative and quantitative design methods was employed in this study. The target and sample population were all the 42 Deposit-taking Savings and Credit Co-operative Societies in Nairobi City County, Kenya while a sample of 30 deposit-taking SACCOS was used for this study. For the 30 deposit-taking SACCOS, the company secretaries and other two executive top management members were each subjected to the study through the administration of questionnaires, hence three respondents per deposit-taking SACCOS. The published annual reports of the of 30 deposit-taking SACCOS were used to collect secondary data. SPSS research analysis tool was used emphasizing on the Multiple Regression Analysis and the Spearman Correlation Coefficient among others to assess the magnitude and relationship and thus come up with a finding of the relationship of the independent and dependent variables. The research found that corporate governance practices greatly affect Deposit-taking Savings and Credit Co-operative Societies in Nairobi City County, KenyaCorporate governance is the backbone of transparency, accountability, integrity and security of shareholders’ interest in an organization. An organization with poor corporate governance structure is likely to fail to achieve its objectives as well as have exposure to financial losses. The purpose of this study is to examine the effect of corporate governance on the financial performance of Deposit-taking Savings and Credit Co-operative Societies in Nairobi City County, Kenya A purposive sampling method integrating qualitative and quantitative design methods was employed in this study. The target and sample population were all the 42 Deposit-taking Savings and Credit Co-operative Societies in Nairobi City County, Kenya while a sample of 30 deposit-taking SACCOS was used for this study. For the 30 deposit-taking SACCOS, the company secretaries and other two executive top management members were each subjected to the study through the administration of questionnaires, hence three respondents per deposit-taking SACCOS. The published annual reports of the of 30 deposit-taking SACCOS were used to collect secondary data. SPSS research analysis tool was used emphasizing on the Multiple Regression Analysis and the Spearman Correlation Coefficient among others to assess the magnitude and relationship and thus come up with a finding of the relationship of the independent and dependent variables. The research found that corporate governance practices greatly affect Deposit-taking Savings and Credit Co-operative Societies in Nairobi City County, Kenya
Description:	Journal ArticleJournal Article
URI:	http://repository.daystar.ac.ke/xmlui/handle/123456789/3974

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Abstract:	The enzyme 11β-hydroxysteroid dehydrogenase (11β-HSD) interconverts active glucocorticoids and their intrinsically inert 11-keto forms. The type 1 isozyme, 11β-HSD1, predominantly reactivates glucocorticoids in vivo and can also metabolise bile acids. 11β-HSD1-deficient mice show altered inflammatory responses and are protected against the adverse metabolic effects of a high-fat diet. However, the impact of 11β-HSD1 on the composition of the gut microbiome has not previously been investigated. We used high-throughput 16S rDNA amplicon sequencing to characterise the gut microbiome of 11β-HSD1-deficient and C57Bl/6 control mice, fed either a standard chow diet or a cholesterol- and fat-enriched ‘Western’ diet. 11β-HSD1 deficiency significantly altered the composition of the gut microbiome, and did so in a diet-specific manner. On a Western diet, 11β-HSD1 deficiency increased the relative abundance of the family Bacteroidaceae, and on a chow diet, it altered relative abundance of the family Prevotellaceae. Our results demonstrate that (i) genetic effects on host–microbiome interactions can depend upon diet and (ii) that alterations in the composition of the gut microbiome may contribute to the aspects of the metabolic and/or inflammatory phenotype observed with 11β-HSD1 deficiency.
Description:	Journal Article
URI:	http://repository.daystar.ac.ke/xmlui/handle/123456789/3978

Abstract:	Elevated levels of metals due to anthropogenic activities are a cause of environmental concern because of their effects on human health. Eldoret Municipality, in Kenya, is one of the fastest growing municipalities with both industrial and agricultural developments. The study aimed at determining the concentration of five elements namely zinc (Zn), lead (Pd), copper (Cu), chromium (Cr) and cadmium (Cd) in five sample sites within the municipality and established the possible health risks in the residents. Measured concentrations of Zn, Pb, Cr, Cu and Cd in surface horizon soils were used to estimate the geochemical load indices and their spatial distribution. Four soil samples were collected monthly from each sample site on the same farms totaling 200 soil samples. The samples were dried, ground and sieved for metal digestion using varied acids in the laboratory and analysis was done against metal standards using Atomic Absorption Spectrometry (AAS). Only Cd concentration (0.0286mg/kg) in all sites was above the recommended unpolluted soils. Epidemiological data were obtained from the residents and hospitals to establish associated health risks. Determination of metals’ combined effects using multivariate Principal Component Analysis showed that varying concentrations of Zn and Pb tended to increase incidences of cancer, hypertension and stroke. Metals Zn, Pb and Cu concentrations correlated with development of cardiovascular diseases. Awareness rising to residents of Eldoret Municipality on high Cd concentration in the soil and use of alternative forms of fertilizers and related chemicals with low Cd content is recommended.
Description:	Journal Article
URI:	http://repository.daystar.ac.ke/xmlui/handle/123456789/3977

Abstract:	Depression is a serious mental disease that affects both young and old people in the society. People who have gone through adverse life events are more likely to develop depression. Depression can, in turn, lead to more stress and dysfunction, and worsen the affected person’s life situation and the depression. The objective of this study was to establish the factors related to depression among university students in Kenya. A quasi-experimental research design was adopted, where two Kenyan public universities were conveniently sampled. Experimental sample was obtained from one university and control sample from the other university. .The study data was collected using questionnaires and the Beck’s Depression Inventory (BDI). The prevalence of depression was determined through proportions obtained from the data from the BDI at the different stages of the study. The findings revealed that interpersonal relationships were key in determining depression levels among the students. The study concluded that various factors are related to depression among university students which include age, year of study, expenditure, friendship, dependents, leadership and club membership.
Description:	Journal Article
URI:	http://repository.daystar.ac.ke/xmlui/handle/123456789/3976

Abstract:	A granular formulation of 1.0% temephos (temephos G) was tested for its efficacy in mosquito larval control, residual effects and effects on non-target microorganisms. Culex pipiens complex in septic tanks in Yangsan, Republic of Korea were used for this study. Microorganisms in the same septic tanks were used for study of non-target organisms. After the application of temephos G at the rates of 2.0 and 5.0 mg/L to selected septic tanks, mortalities were recorded for 50 days. The effect of temephos G on non-target organisms was studied by evaluating its effects on the bacterial populations in the treated septic tanks. It was observed that using 1.0% temephos G at a rate of 2.0 mg/L resulted in 100% mortality against Cx. pipiens larvae by the eighth day after treatment. The residual activity of temephos G was observed to continue for a time; for example 29 days after treatment, average larval mortality rates of >68.0% were observed for both concentrations. At the 50th day after treatment, the mortality rates of the Cx. pipiens larvae were observed to decrease to below 42.7% for both concentrations. Application of temephos G did not have significant effects on the bacteria populations in the septic tanks. Since temephos did not seem to have any major effects on the microorganisms, it was concluded that it is a safe and effective larvicide to use in the septic tanks at a rate of 2.0–5.0 mg/L of 1.0% temephos G.
Description:	Journal Article
URI:	http://repository.daystar.ac.ke/xmlui/handle/123456789/3975